Date: 06/23/2000 2:44 AM
Subject: OTCBB Stocks and the Manning Rule
I'm writing regard your small interest in limit order protection of OTCBB
Stocks.
I the light of recent activities, why do you have to wait a year after a small
sampling of stocks to approve the obvious?
Why not approve it and revoke it or modify your position in a year if not
necessary? Many of us are furious about the recent activities that we've been
screaming about for so long.
"After the year-long trial, the self-regulating body would move to extend the
limit order protection to all OTCBB stocks. The original limit order protection
rule, a.k.a. the "Manning Rule" was adopted for Nasdaq-traded stocks in
recognition of" the growing importance of Nasdaq as a major equity market and
noted that such a rule would enhance the image of the market by creating a more
equitable, fair and accessible market.""
I know that I've been hurt by an unfair market and question integrity at any
level. This article was written without even addressing the recent
investigations and their findings. The entire market depends on you providing a
fair marketplace. I think you should admit that fairness has not been provided
in this case and better late than never, you are now "reacting" to correct this.
IMO
Walter Gainer